The EU Medicines Agency said that it will be at least another year before a vaccine against the new coronavirus will be ready for approval and available in sufficient quantities.
As the number of declared Covid-19 cases worldwide passed 800,000 on Tuesday, according to an AFP tally, the race is on to develop vaccine against Covid-19 that emerged from China late last year.
The European Medicines Agency said in a statement it “estimates that it might take at least one year before a vaccine against Covid-19 is ready for approval and available in sufficient quantities to enable widespread use”.
The Amsterdam-based agency said this was based on current available information and past experience with vaccine development timeframes.
It added that two vaccines have already entered a first phase of clinical trials that was carried out on healthy volunteers.
The European Medicines Agency saidin general “timelines for the development of medicinal products are difficult to predict”
So far, no medicine has yet been developas a treatment for Covid-`9, that has so far claimed some 40,000 lives.